
DAB Group orders Chinese ultramax pair for move into shipowning
The German group has contracted two 64,500 dwt bulk carriers for service in the first half of 2029, with an option for a third.
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Carrier fleets, charter rates and vessel deployment across the LNG trade.

The German group has contracted two 64,500 dwt bulk carriers for service in the first half of 2029, with an option for a third.
Newsdesk1 min readAggregated

The memorandum covers joint business development and technical support but includes no firm projects or investment commitment.
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The China Merchants-controlled owner could expand its LR2 newbuilding programme to six ships as it renews its fleet.
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The new charter raises the vessel’s headline daily rate by nearly 47% and provides employment until at least May 2028.
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